In this FUNToken technical analysis, we will examine the current price action, trading volume, key levels and indicators for FUN-USDT. FUNToken (FUN) is a cryptocurrency that utilizes blockchain technology to provide users with a secure and decentralized platform for various applications. With FUN, users can access a wide range of services such as gaming, entertainment, and social media, all within one ecosystem. By leveraging the power of blockchain, FUNToken aims to revolutionize the way we interact with these platforms and provide a more transparent and rewarding experience for its users.
FUNToken Price Overview:
As of October 02, 2023, FUNToken is trading at approximately 0.00446 USDT. Let’s dive into the detailed price action for FUN-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.00442 |
| High (H) | 0.00449 |
| Low (L) | 0.00428 |
| Close (C) | 0.00446 |
| Volume (C) | 192,571,802.00 |
- Open (O): The opening price for today’s trading session was approximately 0.00442 USDT.
- High (H): FUNToken reached a daily high of around 0.00449 USDT.
- Low (L): The daily low for FUN-USDT was approximately 0.00428 USDT.
- Close (C): At the time of analysis, FUNToken is trading near its daily close of 0.00446 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 0.75% |
| 3D Change (%) | 6.62% |
| 7D Change (%) | 13.31% |
| 30D Change (%) | 2.95% |
| 90D Change (%) | -17.64% |
| YTD Change (%) | -25.67% |
Over the past three days, FUNUSDT has increased by approximately 6.62%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 13.31%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with FUNUSDT maintaining an upward trend of approximately 2.95%, despite intermittent fluctuations. Examining the last 90 days, FUNUSDT has witnessed substantial drop of approximately -17.64%, reflecting strong long-term confidence. Year-to-date, FUNUSDT has steadily depreciated by around -25.67%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
FUNToken Live Chart:
You can access a live price chart for FUN-USDT on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.
Price Volatility and Momentum:
- Volatility score is 0.39018.
- Momentum score is 0.02955.
FUN USDT Technical Analysis
FUNToken Trading Volume:
The trading volume for FUNToken (FUN) over the past 24 hours has been insignificant, with approximately 192,571,802.00 USDT traded against FUN. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
Moving Averages:
- 50-day Simple Moving Average (SMA): FUN is currently trading above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): FUNToken is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for FUN-USDT is currently in the neutral zone, around 54.02698. This suggests that FUNToken is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
FUNToken (FUN-USDT) is currently exhibiting signs of short-term bullish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the neutral RSI and insignificant trading volume are neutral signals for potential sideways movement.
Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.
Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.
Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.
